Wednesday, July 24, 2024

Between Indonesia, Thailand and Vietnam, which country will become a developed country the soonest?

Vietnam has one of the best school education systems in the world. The country's children perform well in international tests of reading, math and science skills. At the "64th International Mathematics Olympiad (IMO2023)", out of the six high school students who participated on behalf of Vietnam, all participants won medals, with two gold medals, two silver medals, and two bronze medals.

According to the World Bank, Vietnamese students outperform not only their fellow Southeast Asian countries Malaysia and Thailand, but also students from developed countries such as the United Kingdom and Canada, which are more than six times as wealthy as their home country. What is also noteworthy is that there are no gender or regional differences in student performance in Vietnam.

On the other hand, it is known that the level of education in science and mathematics, which is a key factor in economic development, is extremely low in Thailand and Indonesia. Please refer to the following.

◼️PISA worldwide ranking

Thailand: 60th out of 77 countries

Indonesia: 71th out of 77 countries

It may be a harsh point, but no country has ever joined the ranks of the developed world despite its low level of education (especially in science and math). Developed Asian countries such as Japan, South Korea, Taiwan, Singapore, and China are all known for their high levels of education, especially in science and mathematics.

Therefore, judging from the perspective of educational standards, Vietnam is the most promising country in Southeast Asia, with the exception of Singapore.

In fact, Vietnam's electric vehicle (EV) manufacturer VinFast has been listed on the U.S. NASDAQ market, and its market capitalization has made it the third largest automaker in the world after Tesla and Toyota. As far as I know, there is no company in Indonesia or Thailand that is at the same level.

Vietnam ranks sixth at 2023 Int'l Mathematical Olympiad - VnExpress International
All six Vietnamese high school students competing in the 2023 International Mathematical Olympiad (IMO) brought home medals, including two golds, according to the Ministry of Education and Training.
Vietnamese education among best in world: The Economist
'Vietnamese students not only outperform their counterparts in Malaysia and Thailand but also those from the UK and Canada'
Vietnam's VinFast now world's No. 3 automaker as market cap surges
NEW YORK -- The Vietnamese electric vehicle maker VinFast now has the third-highest market capitalization among global automakers, behind only U.S.-ba

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